ZIP comparison · Erie, PA
16502 vs 16503
Side-by-side comparison of two ZIP codes — typical home value, rent, yield, taxes, schools, and demographics. The greener number on each row signals which ZIP comes out ahead on that metric.
| Metric | ZIP16502Erie, PA | ZIP16503Erie, PA |
|---|---|---|
| Home value | ||
| Typical home value | Better: $128,191 | $69,914 |
| 1-year appreciation | Better: +4.2% | +3.6% |
| 5-year CAGR | Better: +8.3% | +7.2% |
| 10-year CAGR | +7.0% | Better: +7.5% |
| Rent & investment | ||
| Monthly rent | $975 | Better: $800 |
| Gross yield | 9.1% | Better: 13.7% |
| Cap rate | 5.5% | Better: 8.2% |
| Property tax | ||
| Effective tax rate | 2.1% | Better: 1.8% |
| Typical annual tax | $2,751 | Better: $1,283 |
| Demographics | ||
| Population | 15,995 | 15,753 |
| Median household income | Better: $38,566 | $32,340 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively Moderate | Relatively Moderate |
| Net migration | -746 | -746 |
| Schools | ||
| Public schools | 1 | 3 |
| Students enrolled | 722 | 1,832 |